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House Dems to call for expiration of Bush tax rates in debt-limit deal

Misterveritis said:
I just heard news of a poll that says 23% of he country agrees with the one term president Obama. Imagine that? One-fourth of the country is socialist.
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Yet when compared with the republicans that have announced he beats them like a drum. AMAZING.:mrgreen:
 
donc said:
Yet when compared with the republicans that have announced he beats them like a drum. AMAZING.:mrgreen:
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It is amazing. Still, Any Conservative can beat the one term president Obama. But a democrat-lite cannot. s for me, I shall vote for anybody but the Marxist (ABM).
 
Misterveritis said:
It is amazing. Still, Any Conservative can beat the one term president Obama. But a democrat-lite cannot. s for me, I shall vote for anybody but the Marxist (ABM).
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That’s what we both served for…so we can vote our conscience.:2wave:
 
Misterveritis said:
I suppose so. It is good to know I will cancel you vote. I am sure you feel the same. :)
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HELL!!!Don't have to go to Bama to cancel my vote...its settn not ten feet from me now.My wife.:2wave:
 
donc said:
HELL!!!Don't have to go to Bama to cancel my vote...its settn not ten feet from me now.My wife.:2wave:
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Perfect. I will cancel out someone else's vote. Please graciously thank your wife for her uncommon sense in this matter. I shall assume she displayed the same uncommon sense in marrying you. Perhaps there is still hope for you.
 
donc said:
Anymore opinions that you would like to share with us?:2wave:
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It's not an opinion. Your statement is a lie. You cannot show it to be true and you know you cannot show it to be true, Thus, lie.
 
PzKfW IVe said:
It's not an opinion. Your statement is a lie. You cannot show it to be true and you know you cannot show it to be true, Thus, lie.
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First show me where you think i am lying.
 
Eighty Deuce said:
Just more class-envy bull**** from the Democrats.
QUOTE]

I consider myself a democrat & I am in a class where I have been able to purchase 2 cars, 1 house with cash. Never had credit card debt.
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Changes to marginal income tax rates don't affect revenue all that much. They have ranged from 28 to 90% of GDP since WWII, and revenue as percentage of GDP hasn't varied that much. This is because the rich either get most of their money from capital gains, which have their own tax, or they are wealthy enough to pay accountants who can employ all sorts of tricks to lower their employer's tax payment. Any attempts raise more revenue must include a simplification of the tax code.

Personally, I would prefer that the brunt of deficit reduction be borne by spending cuts, as I disagree that government spending has more of a stimulative affect than most tax cuts. However, as likely or unlikely that it is that Washington is going to actually get serious about the deficit any time soon, I think that it's even less likely that they would cut spending enough to close the gap by itself. In this case, I do support some tax increases in the near future, as long the tax code is simplified
 
I agree with you drunken. The actual tax code needs to be simplified, and the loopholes allowing corporations to pay less money along with 47% paying no income tax need to go. That will increase revenue. Adding 4.6% to the highest tax bracket isn't going to fix the problem.
 
It would help if we could shut down a war or two.:(
 
I look. A bi-partisan pissing contest.
 
donc said:
It would help if we could shut down a war or two.:(
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Iraq is ending at the end of the year totally, and Libya isn't costing anywhere near as much as Iraq/Afghanistan are. Libya will probably end within the next month or two since they are now directly targeting Quadaffi. Afghanistan will probably come to a close much earlier than previously agreed too.
 
Gargantuan said:
Honestly everyone should face the same tax burden. That's why progressive tax rate is effective and fair. Unless someone is really really dirt poor, as in can't afford food, shelter, and clothing, they should be paying taxes at the same burden as someone earning 40 million a year. And don't tell me that 47% of Americans not paying taxes and the corporations who paid NO taxes are dirt poor.
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why? the richest one percent pay 40% of the federal income tax burden. they also pay almost all the death taxes. They pay substantial portions of gasoline taxes, and Robinson-Pittman excise taxes. Do they use anywhere near 40% of the services the Federal income tax funds or all of the stuff the death tax funds?

I agree everyone should face the same tax burden since everyone has the same government enforced rights. that means everyone pays the same AMOUNT of taxes.
 
TurtleDude said:
why? the richest one percent pay 40% of the federal income tax burden. they also pay almost all the death taxes. They pay substantial portions of gasoline taxes, and Robinson-Pittman excise taxes. Do they use anywhere near 40% of the services the Federal income tax funds or all of the stuff the death tax funds?

I agree everyone should face the same tax burden since everyone has the same government enforced rights. that means everyone pays the same AMOUNT of taxes.
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The same amount, as in take 8,000 from someone earning 40 mil, and take 8,000 from someone earning 20k? Bull****. A progressive system is fair and allows all people to be burdened the same.

Everyone uses the services the government provides. Everyone uses federal highways, everyone is protected by the military, everyone has social security, everyone has medicare, everyone is affected by the gov investing in science and technology, etc.
 
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Gargantuan said:
The same amount, as in take 8,000 from someone earning 40 mil, and take 8,000 from someone earning 20k? Bull****.
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If they get the same benefit why not pay the same amount?

where is it written that because some one works harder or smarter they should have to pay more for the same thing?

what is BS is punishing success and rewarding sloth and failure
 
TurtleDude said:
If they get the same benefit why not pay the same amount?

where is it written that because some one works harder or smarter they should have to pay more for the same thing?

what is BS is punishing success and rewarding sloth and failure
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No because it's not the same benefit. You are DESTROYING someone making 20k a year by taking 8k from them, and you are doing absolutely NOTHING to someone making 20 million a year by taking 8k from them. What does where it is written matter? And they are not paying more. They are simply paying the same thing and having the same burden. We've gone over this already in other topics.
 
Gargantuan said:
No because it's not the same benefit. You are DESTROYING someone making 20k a year by taking 8k from them, and you are doing absolutely NOTHING to someone making 20 million a year by taking 8k from them. What does where it is written matter? And they are not paying more. They are simply paying the same thing and having the same burden. We've gone over this already in other topics.
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I call bs on that

everyone gets essentially the same government benefits.

why should someone pay more because they work harder and smarter?

does the McDonald's charge me more than you for a burger

does the car dealer have a price schedule based on your income?

does the local bowling alley charge a millionaire 5 bucks a game but 2 dollars for a middle class person and 50C for a guy making minimum wage?

if someone making 20K a year cannot pay 8K a year in taxes maybe he will stop engaging in activities or voting for politicians who drive up the costs.

bottom line, the only reason why we have a progressive tax is because those who pay artificially low taxes can out vote those of us who pay artificially high taxes.
 
THey are not paying more for working harder and smarter. You are not understanding. You are paying the same thing, and getting hurt in the same manner. I don't agree with tax hikes for the rich at all. I don't agree with solving our problems by raising the taxes on the rich to 50% and saying bye bye. THat wouldn't be fair.

It's not about actual monetary value of the taxes, it's about your burden. Taking 10% from someone earning 25k a year is hurting them in the same manner as taking 28% from someone like me earning 205 a year as a family.
 
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Gargantuan said:
THey are not paying more for working harder and smarter. You are not understanding. You are paying the same thing, and getting hurt in the same manner. I don't agree with tax hikes for the rich at all. I don't agree with solving our problems by raising the taxes on the rich to 50% and saying bye bye. THat wouldn't be fair.

It's not about actual monetary value of the taxes, it's about your burden. Taking 10% from someone earning 25k a year is hurting them in the same manner as taking 28% from someone like me earning 205 a year as a family.
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Here is the problem

there are three issues

1) what you get

2) what you pay

3) what the effect of doing 2 has upon you

the poor get the same

if they pay the same amount then they are no different from the rich

but yes it has more of an effect on them

but that DOES NOT change the fact that 1) they got the same benefits

its the same with any other service

I buy a car, a pauper buys the same car

we get the same value

we each pay 29,000 dollars. that might require him to take out a loan and forego eating steak for 3 years. Me, its less than I make in a month (far less).

so #3 is different. but you cannot deny we got the same value for the same amount of money
 
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